2013 NGN to IRR Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2013.
2013 NGN to IRR Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2013
During 2013, the NGN to IRR exchange rate experienced significant fluctuation. The market reached its absolute peak on November 4, valuing the pair at 157.5699. Conversely, the yearly low was recorded on June 29, dropping to 75.6517.
This high-to-low spread represents a total annual volatility of 81.9181 IRR. From a start-to-finish perspective, comparing the January average rate of 78.2497 to the December average rate of 155.6522, the exchange rate registered a net change of 98.92% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2013 high of 157.5699 was up 99.84% compared to the 2012 peak of 78.8485, indicating shifts in long-term support levels.
Comparing the value generated converting 1,000,000 NGN based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2013.
NGN to IRR Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 77.6348, compared to 141.3695 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 63.7347 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2013 was August, with a trading range of 78.8532 IRR (High: 155.2937 / Low: 76.4405). On the other end, February was the most stable month, with a tight range of 0.4951 IRR (High: 78.2053 / Low: 77.7102).
Growth Streaks & Declines
TrendsBetween July and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 4 straight months. Conversely, the sharpest month-over-month decline occurred between May and June, when the average rate fell by 1.1014 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (November 2013: 156.6731) against the same month in 2012 (average: 78.0820), the exchange rate shifted by +78.5910 (+100.65%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 78.5870 | 78.0008 | 78.2497 |
| February | 78.2053 | 77.7102 | 78.0508 |
| March | 77.9425 | 77.2306 | 77.5570 |
| April | 77.9416 | 77.1966 | 77.5857 |
| May | 78.0616 | 77.5072 | 77.7334 |
| June | 77.5419 | 75.6517 | 76.6320 |
| July | 76.4608 | 75.8135 | 76.1002 |
| August | 155.2937 | 76.4405 | 151.5143 |
| September | 155.1063 | 151.7047 | 153.1497 |
| October | 156.4476 | 153.5162 | 155.1275 |
| November | 157.5699 | 155.9437 | 156.6731 |
| December | 156.7489 | 153.6387 | 155.6522 |